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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H *4*l (For Immediate R e l e a s e ) F e b r u a r y 5 , 1953, CONDITION OF THE FEDERAL RESERVE BMKS Member Bank Reserves and R e l a t e d Items During t h e week ended February 4> Member bank r e s e r v e s i n c r e a s e d $82 m i l l i o n . The p r i n c i p a l changes supplying r e s e r v e s were an i n c r e a s e of $139 m i l l i o n i n Reserve Bank c r e d i t and d e c r e a s e s of $73 m i l l i o n i n T r e a s u r y d e p o s i t s w i t h F e d e r a l Reserve Banks, $50 m i l l i o n i n Foreign d e p o s i t s w i t h F e d e r a l Reserve Banks, and $10 m i l l i o n i n Other d e p o s i t s w i t h F e d e r a l Reserve Banks. The p r i n c i p a l o f f s e t t i n g changes were i n c r e a s e s of $65 m i l l i o n i n Money i n c i r c u l a t i o n and $33 m i l l i o n in Treasury cash h o l d i n g s , and a dec r e a s e of $101 m i l l i o n i n Gold s t o c k . incr ® a s ® o f $139 m i l l i o n i n Reserve Bank c r e d i t r e s u l t e d from i n c r e a s e s of $77 m i l l i o n in Loans, d i s c o u n t s and a d v a n c e s , $43 m i l l i o n i n F l o a t , and $19 m i l l i o n i n U. S . Government s e c u r i t i e s . Holdings of U. S . Government s e c u r i t i e s r e f l e c t e d an i n c r e a s e of $19 m i l l i o n i n b i l l s . NOTE} As Thursday, February 1 2 , w i l l be observed as a h o l i d a y i n many F e d e r a l Res e r v e Bank and branch c i t i e s , the s t a t e ment a s of Wednesday of n e x t week w i l l be i s s u e d on F r i d a y , February 13, Member Bank Reserves and R e l a t e d Items Feb. 1+, 1953 Change s i n c e Jan. 2d, Feb. 6 , 1953 1952 ( I n m i l l i o n s of d o l l a r s ) Reserve Bank c r e d i t * U, S . Government s e c u r i t i e s Loans, d i s c o u n t s and advances Float Total Gold s t o c k Treasury c u r r e n c y o u t s t a n d i n g 23,989 + 19 + 77 + 43 +1,101 22,935 4,820 +139 -101 + 5 + 17 +2,492 55 + 103 Money i n c i r c u l a t i o n Treasury cash h o l d i n g s Treasury d e p o s i t s w i t h F . R. Banks Foreign d e p o s i t s w i t h F . R, Banks Other d e p o s i t s w i t h F . R. Banks Other F . R. accounts ( n e t ) 29,657 1,331 672 562 326 770 65 33 73 50 10 5 +1,279 + 14 + 620 + 100 + 60 + 29 Member bank r e s e r v e s 20,584 82 + 436 20,046 538 - 59 +141 + - 631 195 470 -110 - 18 9 Required r e s e r v e s ( e s t i m a t e d ) Excess r e s e r v e s ( e s t i m a t e d ) D a i l y average excess r e s e r v e s ( e s t i m a t e d ) 1,388 771 26,11+8 +1,375 H.4.1(a) STATEMENT OF CONDITION OF THE TWELVE FEDERAL RESERVE BANKS COMBINED ( I n thousands of d o l l a r s ) Change s i n c e Feb. 6, J a n . 28, 1992 , ,1953 Feb. 4, 1953 A S S E T S Gold c e r t i f i c a t e s Redemption f u n d f o r F . R, n o t e s T o t a l gold c e r t i f i c a t e r e s e r v e s 20,980,100 758,330 21,730,430 - 408,069 - 29,177 - 1,384,665 3,774 + + 77,626 200 + 1,101,832 755 Other cash Discounts and advances I n d u s t r i a l loans U. S. Government s e c u r i t i e s : Bills Certificates Notes Bonds T o t a l U. S. Government s e c u r i t i e s T o t a l l o a n s and s e c u r i t i e s Due from f o r e i g n banks F, R. n o t e s of o t h e r banks U n c o l l e c t e d cash i t e m s Bank premises Other a s s e t s TOTAL ASSETS L I A B I L I T I E S F e d e r a l Reserve n o t e s Deposits: Member b a n k — r e s e r v e a c c o u n t s U. S. T r e a s u r e r — g e n e r a l account Foreign Other Total deposits D e f e r r e d a v a i l a b i l i t y cash i t e m s Other l i a b i l i t i e s and a c c r u e d d i v i d e n d s TOTAL LIABILITIES 94,152 100,003 1,937 101,940 50,228 ?0,228 43,924 14,653 697,354 4,995,716 13,773,671 19,100 + 23:988:716 19,100 + 1,374,368 697,354 - 7,206,432 + 8,705,598 - 822,152 25,377,155 23 213,372 3,667,132 48,709 206,047 51,658,937 + 96,926 + +_ - 15,958 158,169 20 8,476 199,822 + 2,475,445 5 + 17,469 + 309,201 + 4,807 + 31,299 + 2,779,639 25,593,076 + 47, l M + 1,204,723 20,584,194 672,430 561,948 325,730 22,144,302 2,896,613 15,751 50,649,742 + 82,593 72,519 50,252 10,627 50,805 200,334 3,070 207,065 + 254,969 584,676 27,543 142,007 51,650,937 + 383 + + 14,875 46,334 + + 1,577 C A P I T A L ACCOUNTS Capital paid in S u r p l u s ( S e c t i o n 7) S u r p l u s ( S e c t i o n 13b) Other c a p i t a l a c c o u n t s TOTAL LIABILITIES AND CAPITAL ACCOUNTS R a t i o of gold c e r t i f i c a t e r e s e r v e s t o d e p o s i t and F , R. n o t e l i a b i l i t i e s combined Contingent l i a b i l i t y on a c c e p t a n c e s purchased for foreign correspondents I n d u s t r i a l l o a n commitments - - • - - - - + 436,454 620,801 + 99,756 + 59,978 + 1,216,909 + 292,666 + 2,475 + - + - 45,5# - 22,263 3,291 + - 6,860 199,022 .2$ 595 95 - + - 2,6# 9,953 3,871 MATURITY DISTRIBUTION OF LOANS AND SECURITIES, FEBRUARY 4 , 1953 ( C a l l a b l e Government s e c u r i t i e s c l a s s i f i e d a c c o r d i n g t o n e a r e s t c a l l d a t e ) Within 15 days 16 t o 90 dg,ys 91 days t o 1 year Over 1 year t o 5 y e a r s Over 5 y e a r s t o 10 y e a r s Over 10 y e a r s Total Discounts and advances 1,139,140 245,525 Industrial loans 252 1,918 1,288 316 1,384,665 3,774 U, S, Government securities 4,014,700 370,204 10,520,141 6,655,200 1,070,224 1,358,247 23,988,716 STATEMENT OF CONDITION OF THE FEDEBAL RESERVE BANKS ON FEBRUARY 4, 1953 ( i n thousands of d o l l a r s ) H.4.1(b) A S S E T S Total Boston 20,980,100 682,584 758,330 64,321 T o t a l gold c e r t i f i c a t e 21,738,430 reserves 746,905 Gold c e r t i f i c a t e s Redemption f u n d f o r F . R, n o t e s 30,304 408,069 Other c a s h 36,842 D i s c o u n t s and advances 1,384,665 3,774 Industrial loans U. S. Govt, s e c u r i t i e s : 697,354 Bills 4,995,716 371,569 Certificates 1 3 , 7 7 3 , 6 7 1 1024,458 Notes 4,521,975 336,335 Bonds T o t a l U. S. Government aecuritiM T °S^meB^~ Cleve. Rich. 6,786,664 1236,763 1484,748 772,048 New York 84,731 81,567 6,864,852 1292,889 1569,479 853,615 78,188 82,890 283,543 -276,346 1,065,132 2,936,657 964,121 56,126 31,826 138,664 27,663 54,350 62 37,349 57,916 312,927 485,249 862,769 1337,878 263,252 439,233 42,624 357,123 984,625 323,258 29,244 31,603 3,345 Atlanta Chicago S t . L o u i s Mpls. Kans,Cy. D a l l a s SanFran. 625,665 2684,899 564,151 356,915 921,417 128,714 51,667 25,445 41,075 700,765 4350,997 615,818 382,360 962,492 68,580 461,785 21,656 100,297 6,719 26,338 132 14,915 97,209 21,183 102,139 326,140 724,343 899,200 1997,086 295,213 655,655 14,930 270,893 746,877 245,204 18,622 156,027 430,179 141,230 23,677 198,379 546,953 179,568 641,963 4222,283 58,802 31,457 43,455 235 29,198 58,496 654,863 2743,395 14,461 27,448 48,354 83A31 28,788 73,780 241,198 486,736 665,007 1341,982 218,325 440,581 23,988,71.6 1732,362 5,242,256 1496,2*7 2320,276 1707,630 1541,736 3479,223 1277,904 746,058 948,577 1153,318 2343,079 25,377,155 1769,204 5,525,799 1531,245 2458,940 1762,042 1585,426 3941,008 1378,201 772,528 1045,786 1180,766 2426,210 EB525r,,i$i »ss 2 % % ? TOTAL ASSETS Phila, Ai »ti « sd MR a fi ^ ^ ^ ss ^ 51,658,957 2863,561 13,213,659 3113,011 4 4 1 0 , # 4 3018,016 2629,165 8992,366 2203,060 1259,635 2238,020 2047,670 5670,250 l / A f t e r d e d u c t i n g $l6,000 p a r t i c i p a t i o n s of other F e d e r a l Reserve Banks. STATELEKT OF CONDITION OF THE FEDERAL RESERVE BANKS OK FEBRUARY 4 , 1953 (In thousands of d o l l a r s ) H.4.1(c) Chicago S t . L o u i s Mpls, Kans*Cy# Dallas SanFran* Federal Reserve n o t e s 2 5 , 5 9 3 , 0 7 6 1564,423 Depositsj Member bank-reserve a c c t s . 2 0 , 5 8 4 , 1 9 4 8 9 5 , 6 0 1 U.S.Treasurer-general a c c t . 672,430 1.0,925 Foreign 561,948 33,983 Other 325,730 3,635 5 , 6 1 6 , 1 9 7 1820,642 2361,243 1814,208 1399,097 4873,541 1198,913 6 4 2 , 8 2 7 1008,457 733,477 2560,051 6,271,650 103,398 1/169,175 260,273 962,675 1587,751 25,913 57,684 41,782 51,253 2,368 4,690 841,253 37,100 27,855 5,980 9 0 6 , 3 5 6 3322,765 3 4 , 9 9 7 137,247 23,955 76,323 1,559 997 755,084 49,045 21,170 8,291 469,404 32,685 13,928 1,419 Total d e p o s i t s Deferred a v a i l • cash items Other l i a b i l i t i e s and accrued d i v i d e n d s 22,144,302 2.896,613 977,144 6 , 8 0 4 , 4 9 6 1032,738 1701,378 503,001 183,276 253,405 912,188 967,367 3537,332 216,221 4 4 0 , 0 1 3 833,590 128,953 5 1 7 , 4 3 6 1033,265 1109,628 2717,740 7 1 , 5 1 8 156,320 157,877 2 9 0 , 8 8 6 15,751 853 TOTAL LIABILITIES C a p i t a l paid in S u r p l u s ( S e c t i o n 7) S u r p l u s ( S e c t i o n 13b) Other c a p i t a l accounts TOTAL LIABILITIES AND CAPITAL ACCOUNTS 5 0 , 6 4 9 , 7 4 2 2800,292 1 2 , 9 2 7 , 9 5 7 3037,518 4317,865 2964,429 2583,373 8853,722 2162,110 1232,338 2198,514 2001,527 5 5 7 0 , 0 9 7 254,969 80,574 17,361 24,319 11,123 10,640 32,776 8,885 13,673 5,766 9,642 12,432 27,778 584,676 36,462 167,503 43,578 54,064 29,248 25,803 84,628 23,628 15,131 21,925 25, 381 57,325 27,543 3,011 7,319 4,489 1,006 3,349 762 1,429 521 1,073 1,137 1,307 2,140 142,007 10,123 30,306 10,065 13,270 9,867 8,587 19,811 7,916 5,327 6,802 7,023 12,910 L I A B I L I T I E S C o n t i n g e n t l i a b i l i t y on acceptances purchased f o r foreign correspondents I n d u s t r i a l l o a n commitments Total Boston 257,872 New York 4,263 Phila. 862 Cleve. 1,839 Rich, 237,271 Atlanta 762 688 2,836 654 557 966,059 1052,050 2553,046 44,670 31,858 73,908 21,170 25,070 56,284 1,366 650 34,502 472 545 1,420 5 1 , 6 5 8 , 9 3 7 2863,561 1 3 , 2 1 3 , 6 5 9 3113,011 14410,524 3018,016 2629,165 8992,366 2203,060 1259,635 2238,020 2047,670 5670,250 22,263 3,291 1,358 2/6,566 1,670 1,246 2,048 751 1,113 70 958 3,050 122 846 557 846 756 1,002 2,249 346 FEDERAL RESERVE AGENTS' ACCOUNTS F . R. n o t e s o u t s t a n d i n g C o l l a t e r a l f o r F.R. n o t e s j Gold c e r t i f i c a t e s E l i g i b l e paper U. S . Govt, s e c u r i t i e s Total c o l l a t e r a l 2 6 , 8 5 2 , 2 5 7 1644,101 5 , 9 0 1 , 7 3 7 1915,415 2463,879 1913,289 1474,538 5037,187 1263,229 6 5 8 , 8 3 6 1039,211 785,415 2755,420 1 2 , 9 7 9 , 0 0 0 4 0 0 , 0 0 0 4 , 6 2 0 , 0 0 0 8 2 5 , 0 0 0 8 2 0 , 0 0 0 500,000 3 3 5 , 0 0 0 2600,000 280,000 170,000 280,000 99,100 25,550 96,012 51,675 688,947 34,920 274,250 29,240 1 4 , 6 4 0 , 0 0 0 1 3 0 0 , 0 0 0 1 , 5 0 0 , 0 0 0 1100,000 1700,000 1450,000 1200,000 2500,000 1025,000 5 0 5 , 0 0 0 8 0 0 , 0 0 0 2 8 , 3 0 7 , 9 4 7 1734,920 6 , 3 9 4 , 2 5 0 1954,240 2520,000 2001,675 1535,000 5100,000 1404,100 700,550 1176,012 l / A f t e r deducting $ 3 9 2 , 7 5 6 , 0 0 0 p a r t i c i p a t i o n s of other Federal Reserve Banks« 2*/ A f t e r deducting $ 1 5 , 6 9 7 , 0 0 0 p a r t i c i p a t i o n s o f other Federal Reserve Banks. 249,000 1900,000 78,200 560,000 1000,000 509,000 2970,200
@FedFRASER